Micron Technology Inc (MU) — Financial Flexibility Index

Latest as of February 2026: 0.60x

Micron Technology Inc (MU) has a Financial Flexibility Index of 0.60x as of February 2026. Free cash flow of $17.29 Billion (operating CF $11.90 Billion minus capex $5.39 Billion) represents 1% of total liabilities ($29.05 Billion). Also explore how fast is Micron Technology Inc growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.60x
Free Cash Flow / Total Liabilities

Free Cash Flow

$17.29 Billion
Operating CF − Capex

Total Liabilities

$29.05 Billion
USD

Capital Expenditures

$5.39 Billion
USD

Micron Technology Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Micron Technology Inc across 37 annual periods. Check asset allocation strategy of Micron Technology Inc to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Micron Technology Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Micron Technology Inc. For the full company profile including market capitalisation, see MU market cap overview.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 1.17x $33.38 Billion $17.52 Billion $28.63 Billion ▲ +67.6%
2024 0.70x $16.89 Billion $8.51 Billion $24.29 Billion ▲ +51.7%
2023 0.46x $9.23 Billion $1.56 Billion $20.13 Billion ▼ -72.4%
2022 1.66x $27.25 Billion $15.18 Billion $16.38 Billion ▲ +10.3%
2021 1.51x $22.50 Billion $12.47 Billion $14.92 Billion ▲ +34.0%
2020 1.13x $16.53 Billion $8.31 Billion $14.68 Billion ▼ -40.8%
2019 1.90x $23.04 Billion $13.19 Billion $12.12 Billion ▼ -26.7%
2018 2.59x $26.48 Billion $17.40 Billion $10.21 Billion ▲ +206.9%
2017 0.84x $13.41 Billion $8.15 Billion $15.87 Billion ▲ +36.7%
2016 0.62x $9.03 Billion $3.17 Billion $14.61 Billion ▼ -27.0%
2015 0.85x $9.23 Billion $5.21 Billion $10.90 Billion ▲ +9.9%
2014 0.77x $8.36 Billion $5.70 Billion $10.85 Billion ▲ +129.6%
2013 0.34x $3.06 Billion $1.81 Billion $9.11 Billion ▼ -48.0%
2012 0.65x $3.81 Billion $2.11 Billion $5.91 Billion ▼ -37.2%
2011 1.03x $5.03 Billion $2.48 Billion $4.90 Billion ▲ +35.0%
2010 0.76x $3.71 Billion $3.10 Billion $4.88 Billion ▲ +103.1%
2009 0.37x $1.69 Billion $1.21 Billion $4.52 Billion ▼ -53.6%
2008 0.81x $3.55 Billion $1.02 Billion $4.39 Billion ▼ -20.6%
2007 1.02x $4.54 Billion $937.00 Million $4.46 Billion ▼ -23.6%
2006 1.33x $3.38 Billion $2.02 Billion $2.54 Billion ▲ +25.0%
2005 1.07x $2.30 Billion $1.24 Billion $2.16 Billion ▲ +2.2%
2004 1.04x $2.24 Billion $1.16 Billion $2.15 Billion ▲ +106.5%
2003 0.51x $1.11 Billion $284.20 Million $2.19 Billion ▼ -60.3%
2002 1.27x $1.59 Billion $578.10 Million $1.25 Billion ▼ -31.3%
2001 1.85x $2.28 Billion $789.10 Million $1.23 Billion ▲ +58.4%
2000 1.17x $3.26 Billion $2.07 Billion $2.78 Billion ▲ +100.7%
1999 0.58x $1.65 Billion $847.90 Million $2.83 Billion ▲ +20.4%
1998 0.48x $896.30 Million $189.20 Million $1.85 Billion ▼ -20.8%
1997 0.61x $1.12 Billion $603.60 Million $1.83 Billion ▼ -70.6%
1996 2.08x $2.49 Billion $1.06 Billion $1.20 Billion ▲ +3.3%
1995 2.01x $1.77 Billion $1.04 Billion $878.70 Million ▲ +19.6%
1994 1.68x $808.50 Million $557.50 Million $480.40 Million ▲ +61.1%
1993 1.04x $340.70 Million $257.30 Million $326.20 Million ▲ +39.9%
1992 0.75x $159.20 Million $108.30 Million $213.30 Million ▲ +13.8%
1991 0.66x $138.40 Million $86.40 Million $211.10 Million ▼ -18.3%
1990 0.80x $171.00 Million $91.20 Million $213.10 Million ▼ -63.4%
1989 2.19x $325.00 Million $125.90 Million $148.30 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities